South Africa - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBacon and Ham Price in South Africa - 2023
Contents:
- Bacon and Ham Price in South Africa (CIF) - 2023
- Bacon and Ham Price in South Africa (FOB) - 2022
- Bacon and Ham Imports in South Africa
- Bacon and Ham Exports in South Africa
Bacon and Ham Price in South Africa (CIF) - 2023
In July 2023, the average bacon and ham import price amounted to $12,521 per ton, rising by 5.1% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in April 2023 an increase of 24% m-o-m. As a result, import price attained the peak level of $14,443 per ton. From May 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($12,605 per ton), while the price for Spain totaled $12,473 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Bacon and Ham Price in South Africa (FOB) - 2022
The average bacon and ham export price stood at $4,200 per ton in 2022, growing by 2.3% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bacon and ham export price increased by +25.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 43% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($9,325 per ton), while the average price for exports to Lesotho ($2,981 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Bacon and Ham Imports in South Africa
In 2022, the amount of bacon, ham and other dried, salted or smoked pig meat imported into South Africa expanded rapidly to 108 tons, rising by 12% compared with 2021 figures. Overall, imports, however, recorded a mild curtailment.
In value terms, bacon and ham imports rose significantly to $1.2M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bacon and Ham in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 962 | 945 | 985 | 779 | -6.8% |
| Spain | 135 | 108 | 107 | 439 | 48.2% |
| Others | 46.4 | 76.7 | 48.5 | 1.5 | -68.1% |
| Total | 1,144 | 1,130 | 1,141 | 1,220 | 2.2% |
Top Suppliers of Bacon and Ham to South Africa in 2022:
- Italy (71.1 tons)
- Spain (37.2 tons)
Bacon and Ham Exports in South Africa
For the fourth year in a row, South Africa recorded growth in overseas shipments of bacon, ham and other dried, salted or smoked pig meat, which increased by 66% to 377 tons in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bacon and ham exports soared to $1.6M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bacon and Ham in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 154 | 152 | 254 | 459 | 43.9% |
| Seychelles | 26.3 | 118 | 127 | 337 | 134.0% |
| Mozambique | 123 | 159 | 147 | 222 | 21.8% |
| Saint Helena, Ascension and Tristan da Cunha | 10.2 | 3.4 | 2.3 | 82.4 | 100.7% |
| Ghana | 3.7 | 1.7 | 57.2 | 74.6 | 172.2% |
| Botswana | 37.3 | 30.0 | 28.5 | 68.9 | 22.7% |
| Malawi | 49.2 | 56.5 | 72.2 | 66.9 | 10.8% |
| Lesotho | 96.7 | 57.6 | 64.5 | 60.2 | -14.6% |
| Nigeria | 40.6 | 12.3 | 32.3 | 50.0 | 7.2% |
| Hong Kong SAR | 7.0 | 9.2 | 13.6 | 37.4 | 74.8% |
| Democratic Republic of the Congo | 4.8 | 9.4 | 37.2 | 28.2 | 80.4% |
| Others | 29.4 | 84.8 | 96.3 | 97.0 | 48.9% |
| Total | 582 | 693 | 931 | 1,584 | 39.6% |
Top Export Markets for Bacon and Ham from South Africa in 2022:
- Namibia (151.8 tons)
- Mozambique (59.2 tons)
- Seychelles (59.0 tons)
- Lesotho (20.2 tons)
- Saint Helena, Ascension and Tristan da Cunha (15.6 tons)
- Botswana (14.1 tons)
- Malawi (13.6 tons)
- Ghana (8.0 tons)
- Democratic Republic of the Congo (7.8 tons)
- Nigeria (6.8 tons)
- Hong Kong SAR (5.8 tons)
This report provides an in-depth analysis of the bacon and ham market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
- Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
- Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
511
This report provides an in-depth analysis of the bacon and ham market in South Africa.
91
This report provides an in-depth analysis of the market for salted, dried or smoked meat, and offal in South Africa.
316
This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies in South Africa.
620
This report provides an in-depth analysis of the preserved beef market in South Africa.
392
This report provides an in-depth analysis of the market for salted, dried, or smoked hams, shoulders and cuts of swine in South Africa.
361
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in South Africa.
312
This report provides an in-depth analysis of the hand saw market in South Africa.
312
This report provides an in-depth analysis of the market for bed linen of knitted or crocheted textiles in South Africa.
442
This report provides an in-depth analysis of the handmade paper market in South Africa.
290
This report provides an in-depth analysis of the felt market in South Africa.
145
The most prominent rate of growth was recorded in September 2023 with an increase of 245% m-o-m. In value terms, Bacon And Ham exports skyrocketed to $265K in December 2023.
248
In May 2023, the price of Bacon And Ham in South Africa dropped by 19.5% to $11,621 per ton (CIF), compared to the previous month.
162
The Handmade Paper industry experienced a significant growth rate in October 2023, with a month-to-month increase of 152%. However, by December 2023, handmade paper exports saw a dramatic decline to $124K in value.
312
In July 2023, the price of Maize Bran in South Africa reached $165 per ton (CIF), experiencing a 16% increase compared to the previous month.
959
In value terms, saws and blades imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fl...
764
In value terms, saws and blades exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some ...
1379
In value terms, felt imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noticeable flu...
1034
In value terms, felt exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent, with only min...
224
Explore the top import markets for canned meat, including key statistics and market insights. Discover the countries with the highest import values in the canned meat industry.
722
In 2019, the global canned meat market increased by 2.9% to $245.5B, rising for the fourth year in a row...
